Team River Runner Incorporated (EIN 203838651) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

Joseph Mornini

Phone

3012338882

Tax Period

2023-01-01 to 2023-12-31

Team River Runner Incorporated, founded in 2005, is a community nonprofit in the Environment sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 12% surplus.

Mission

Team River Runner's mission is to provide all veterans and their families an opportunity to find health, healing, community purpose, and new challenges through adventure and adaptive paddle sports.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,436,459

Program Service Revenue $0

Investment Income $2,031

Other Revenue $0

TOTAL REVENUE $1,438,490

Expense Breakdown

Grants Paid $0

Salaries & Benefits $348,013

Fundraising Expenses $11,817

Program Expenses $979,316

Other Expenses $914,679

TOTAL EXPENSES $1,262,692

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,438,490	$1,161,990	+0.2%
Expenses	$1,262,692	$1,151,175	+0.1%
Net Income	$175,798	$10,815	+15.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

850

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$72,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Eric Long	Director	2.00	Director	$0	$0	$0
Eric Johnson	Director	2.00	Director	$0	$0	$0
Brent Paden	Director	2.00	Director	$0	$0	$0
Mike Keatley	Director	2.00	Director	$0	$0	$0
Doug Makosy	Director	2.00	Director	$0	$0	$0
Steve Fay	Director	2.00	Director	$0	$0	$0
Hal Roach	President	2.00	Officer Director	$0	$0	$0
Michael Micholas	Treasurer	2.00	Officer Director	$0	$0	$0
JL Herndon	Secretary	2.00	Officer Director	$0	$0	$0
Mike Wolsky	Director	2.00	Director	$0	$0	$0
Joseph Mornini	Executive Director	40.00	Officer	$72,500	$0	$72,500

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$1,438,490	$1,262,692	$1,567,625	$175,798
2022	$1,161,990	$1,151,175	$1,400,841	$10,815
2020	$723,630	$663,188	$1,295,184	$60,442
2019	$1,094,997	$969,119	$1,185,723	$125,878
2018	$1,082,557	$980,291	$1,053,098	$102,266
2018	$1,064,151	$966,958	$1,048,025	$97,193

Team River Runner Incorporated